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Karura is a "canary network" for Acala an early unaudited release of the code that is available first and holds real economic value.

No promise, and expect chaos.

What does Karura offer?

Karura’s all-in-one DeFi hub of Kusama to give you a taste on the decentralized swap, borrow, lend, earn, and more – all with micro gas fees.

Founded by the Acala Foundation, Karura is a scalable, EVM-compatible network optimized for DeFi. The platform offers a suite of financial applications including: a trustless staking derivative (liquid KSM), a multi-collateralized stablecoin backed by cross-chain assets (kUSD), and an AMM DEX – all with micro gas fees that can be paid in any token.

For developers, Karura is a proving ground for protocol upgrades, experiment with new DeFi protocols, and on-chain governance.

Why build on Kusama?

Kusama is Polkadot’s canary network – a multi-chain network for radical innovation. By launching on Kusama, Karura can push the limits of what’s possible, giving the Acala Foundation team a place to launch bold new financial innovations. Karura will access Kusama’s plug-and-play security while enjoying high-capacity processing speeds, micro-gas fees, and interoperability between multiple networks, all ultimately bridged to Polkadot.

Whitepaper | Github